Cooper Financial Group Raises Position in Honeywell International Inc. (NASDAQ:HON)

Cooper Financial Group lifted its position in shares of Honeywell International Inc. (NASDAQ:HON) by 4.5% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 5,230 shares of the conglomerate’s stock after acquiring an additional 225 shares during the period. Cooper Financial Group’s holdings in Honeywell International were worth $1,182,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds also recently made changes to their positions in the company. Teachers Insurance & Annuity Association of America bought a new stake in Honeywell International in the 3rd quarter worth approximately $25,000. Reston Wealth Management LLC purchased a new position in shares of Honeywell International during the 3rd quarter valued at $29,000. Financial Avengers Inc. lifted its stake in Honeywell International by 48.1% in the 3rd quarter. Financial Avengers Inc. now owns 154 shares of the conglomerate’s stock worth $32,000 after purchasing an additional 50 shares in the last quarter. Planning Capital Management Corp increased its holdings in shares of Honeywell International by 96.4% in the 3rd quarter. Planning Capital Management Corp now owns 165 shares of the conglomerate’s stock worth $34,000 after buying an additional 81 shares during the last quarter. Finally, Western Pacific Wealth Management LP bought a new stake in shares of Honeywell International in the 3rd quarter worth about $41,000. Institutional investors own 75.91% of the company’s stock.

Honeywell International Trading Up 0.3 %

Shares of Honeywell International stock traded up $0.69 during mid-day trading on Monday, hitting $218.88. The stock had a trading volume of 2,957,000 shares, compared to its average volume of 2,934,925. The firm has a 50-day moving average of $226.40 and a two-hundred day moving average of $214.20. Honeywell International Inc. has a 12-month low of $189.66 and a 12-month high of $242.77. The company has a quick ratio of 1.12, a current ratio of 1.44 and a debt-to-equity ratio of 1.44. The firm has a market cap of $142.33 billion, a P/E ratio of 25.27, a price-to-earnings-growth ratio of 2.85 and a beta of 1.06.

Wall Street Analyst Weigh In

A number of analysts have recently weighed in on HON shares. Bank of America boosted their target price on shares of Honeywell International from $220.00 to $240.00 and gave the stock a “neutral” rating in a report on Thursday, November 14th. The Goldman Sachs Group raised their price objective on shares of Honeywell International from $227.00 to $256.00 and gave the stock a “buy” rating in a research note on Thursday, December 12th. Jefferies Financial Group raised their price objective on shares of Honeywell International from $220.00 to $260.00 and gave the stock a “hold” rating in a research note on Tuesday, December 17th. Barclays decreased their price objective on shares of Honeywell International from $260.00 to $255.00 and set an “overweight” rating for the company in a research note on Wednesday, January 8th. Finally, Wolfe Research downgraded shares of Honeywell International from an “outperform” rating to a “peer perform” rating in a research note on Monday, October 28th. Eleven research analysts have rated the stock with a hold rating, six have given a buy rating and one has given a strong buy rating to the stock. According to data from MarketBeat.com, the stock presently has an average rating of “Hold” and a consensus price target of $248.07.

Honeywell International Profile

Honeywell International Inc engages in the aerospace technologies, building automation, energy and sustainable solutions, and industrial automation businesses in the United States, Europe, and internationally. The company’s Aerospace segment offers auxiliary power units, propulsion engines, integrated avionics, environmental control and electric power systems, engine controls, flight safety, communications, navigation hardware, data and software applications, radar and surveillance systems, aircraft lighting, advanced systems and instruments, satellite and space components, and aircraft wheels and brakes; spare parts; repair, overhaul, and maintenance services; and thermal systems, as well as wireless connectivity services.